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1600 E Palm Canyon Drive, Palm Springs, CA 92264

$3,000,000
Property Type: Commercial Sale Square Footage: 6,670 Lot Size (sq. ft.): 20,038 Status: Closed
Current Price: $3,000,000 List Date: 10/22/2019 Last Modified: 5/14/2026

Description

Hotel is located in the South end of Palm Springs in the very desirable Deepwell Neighborhood. This Mediterranean style Boutique Hotel is centered by a spacious 40 ft. pool, 10 person spa, guest BBQ and dining counter, coffee bar, outdoor kitchen and fireplace. Currently operated as 13 guest Rooms, property tax and city records indicate the Hotel can be operated as sixteen (16) rooms. There are 16 bathrooms and 16 off street parking spaces to support this. In addition to the 13 Guest Rooms, there is a 2 Bedroom, 2 Bathroom owners/resident managers unit with a full kitchen and private patio that can be easily modified to become two separate rooms. The reception/office can be converted back to another unit. Hotel is well located within walking distance of Smoketree Commons and Smoketree Shopping Center with multiple retail stores and dining options. Purchase price includes furniture, fixtures and equipment (FF&E) plus the Reservation database. Fully operational and well maintained & licensed Hotel. Rooms have individual forced air a/c units. Laundry & Storage room located on site. Updated central electrical system and natural gas service. Fenced & gated resort.

More Information MLS# 219032267

Listing, Location and Property Info

Entry Date: 2019-10-22

Listing Info

Accounting Type: Actual Ownership Type: Corporation

Property Info

Entry Floor Number: 1 Building # of Stories: 2 # Units: 13 Business Name: La Maison Hotel # Buildings: 1 Building Status: Existing

Owner Pays

A/C: 1 Electric: 1 Gas/Heat: 1 Insurance: 1 Janitor: 1 Phone: 1 Sewer: 1 Taxes: 1 Water: 1

Business Type

Hospitality: 1

Expenses

Expense Year: 2018 Annual Advertising Expense: 10746 Legal Accounting: 913 Total Expenses: 254542 Annual Electric Expense: 15998 Annual Insurance Expense: 7878 Annual Maintenance Expense: 18020 Annual Operating Expense: 254542 Annual Professional Management Expense: 7678 Annual Supplies Expense: 2492 Annual Trash Expense: 660 Annual Water/Sewer Expense: 2336

Income

Effective Gross: 523527 Net Operating: 268985

Utilities

220V in Laundry: 1 Cable TV: 1 Electricity Available: 1 Electricity Connected: 1 Natural Gas Available: 1 Underground Utilities: 1 Water Meter on Property: 1 See Remarks: 1

Sale Type

Standard: 1

Business Info

Cooling: Yes Heating: Yes Current Use: Hotel Financing Available: Yes Investment Property: Yes Laundry Equipment: Yes Sale or Lease: Sale Vacancy Allowance Type: % Cap Rate: 7.7

Listing Terms

Cash: 1 Conventional: 1 Standard Sale: 1

Financing

Cash: 1 Conventional: 1

Showing Access

Appointment w/List Office: 1 Do Not Contact Occupant: 1 List Agent Accompanies: 1

Lot Features

Corner Lot: 1 Landscaped: 1 Level with Street: 1 Lot 20000-39999 SqFt: 1 Lot Level/Flat: 1 Sprinkler System: 1 Sprinklers Timer: 1

Asset Class

Hotel/Motel: 1

Disclosures

None: 1

Land Use

Other: 1

Survey

Buyer Pays: 1

Exterior Construction

Stucco: 1 Wood: 1

Heating

Forced Air: 1

Laundry

Own: 1 Room: 1

Security Safety

Gated Community: 1 Smoke Detector: 1

Roofing

Clay Tile: 1 Tile: 1

Water

Meter on Property: 1 Water District Name: Desert Water Agency

Electric

Standard: 1

Contingent Upon

Inspection: 1

Listing Location and Property Info

APN: 508454011 Status: Closed Listing Date: 2019-10-22 Original List Price: 3500000 Sold Price: $3,000,000 Current Price: $3,000,000 Property Sub-Type: Combo - Res & Com Street #: 1600 Street Direction: E Street Name: Palm Canyon Street Suffix: Drive County: Riverside State: CA Zip Code: 92264 Area: 334 - Palm Springs South End Country: US

General Property Information

Approx SqFt: 6670 SqFt Source: Other Lot Size: 20038 Lot Acres: 0.46 Lot Size Source: Assessor Year Built: 1953 Cross Streets: S Calle Marcus & E Palm Canyon

Status Change Info

Status Change Date: 2020-08-15 Pending Date: 2020-08-07 Closed Date: 2020-08-14 Closed Price: 3000000

Parking SpacesInformation

Total Uncovered/Assigned Spaces: 16 Total Parking Spaces: 16

Property Features

Business Type: Hospitality Sale Type: Standard Financing: Cash; Conventional Listing Terms: Cash; Conventional; Standard Sale Showing Access: Appointment w/List Office; Do Not Contact Occupant; List Agent Accompanies Owner Pays: A/C; Electric; Gas/Heat; Insurance; Janitor; Phone; Sewer; Taxes; Water Lot Features: Corner Lot; Landscaped; Level with Street; Lot 20000-39999 SqFt; Lot Level/Flat; Sprinkler System; Sprinklers Timer Asset Class: Hotel/Motel Land Use: Other Survey: Buyer Pays Exterior Construction: Stucco; Wood Heating: Forced Air Laundry: Own; Room Security Safety: Gated Community; Smoke Detector Roofing: Clay Tile; Tile Water: Meter on Property Utilities: 220V in Laundry; Cable TV; Electricity Available; Electricity Connected; Natural Gas Available; Underground Utilities; Water Meter on Property; See Remarks Electric: Standard Contingent Upon: Inspection Disclosures: None
Listing Office: Realty Trust
Listing Agent: Scott Timberlake
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.

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